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Answer to Question #50305 in Finance for Zakaria
Question #50305
You are considering the purchase of two different insurance annuities. Annuity A will pay you $16,000 at the beginning of each year for 8 years. Annuity B will pay you $12,000 at the end of each year for 12 years. Assuming your money is worth 7%, and each costs you $75,000 today, which would you prefer?
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#340153 on Dec 2023
#340153 on Dec 2023
Comments
Dear Official smallwhite, please use panel for submitting new questions
can you pls explain better cause I dont understand
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